Month: July 2023

The Bengaluru bench of the Authority of Advance Ruling (AAR) said hostels are not akin to residential dwelling units and hence are not exempt from Goods and Services Tax (GST) … Read More

India has a very vibrant young population and the emphasis on skilling them to suit the requirement of the economy would yield dividend, the Finance Minister said | The Hindu

India’s top oil firm IOC on Friday reported a net profit of Rs 13,750 crore in three months to June 30 – the highest in a decade – as margins … Read More

NRIs have been resorting to panic buying rice in the U.S. despite the country’s relatively low dependence on imports from India | The Hindu

FMCG major Nestle India has “strong commitments” for local manufacturing with plans to invest Rs 4,200 crore by 2025, including in its 10th plant in the country at Odisha, its … Read More

Finance Minister Nirmala Sitharaman said today that Indian companies can now go in for direct listing on foreign exchanges as well as on the International Financial Services Centre (IFSC) bourse … Read More

Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid foreign fund outflows and weak trends in the US markets. Extending its previous day’s fall, the 30-share … Read More

A currency note with a star (*) symbol is identical to any other legal banknote, the Reserve Bank said on Thursday allaying concerns on the validity of such notes. The … Read More

The Reserve Bank of India (RBI) floated a draft consultation paper proposing that customers be allowed to choose the operating network for their credit and debit cards. | The Hindu

India is likely to get the 3rd largest economy tag in 2027 (2027-28) if it maintains the current rate of growth, and in the process, will surpass both Japan and … Read More